Pentagon clears possible sale of Lockheed planes to Saudi Arabia

WASHINGTON (Reuters) - The Pentagon on Friday said it had approved the potential sale of 25 C-130J transport and refueling planes built by Lockheed Martin Corp to Saudi Arabia for up to $6.7 billion.

The Defense Security Cooperation Agency notified Congress about the possible sale on Thursday, according to a posting on the agency's website. Lawmakers have 30 days to block the sale although such action is rare since sales are carefully vetted before being publicly announced.